If you’ve been too busy holding down a job (or two), juggling the demands of a busy family, engaging in community service, and occasionally taking the wife and kids out for a pizza on a Saturday night, you may not have noticed that several thousand protesters have “occupied” Wall Street, Washington DC, and other locations across the United States for the past three weeks or so.
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Delaware’s political establishment thinks First State electricity consumers should subsidize the manufacturing of super-sized fuel cells, under the auspices of California-based Bloom Energy, to replace natural gas and coal-fired power plants in generating electricity.
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The Environmental Protection Agency insists that its recent air quality initiatives will protect minority and poor Americans from pollution that “disproportionately affects” their health and impairs “environmental justice.”
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Jonathan Alter asked sincerely why everyone thinks Obama's such a bad president. I will answer with five reasons based on substance, although I could probably come up with twenty reasons easily.
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When it comes to cars, big is better. Bigger cars are safer. They haul more people and things. They typically ride higher—providing the driver with a better view. And, they are more comfortable (tall people can drive them without needing a chiropractor’s alignment.)
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Under the Obama administration, energy subsidies and tax breaks have grown enormously. The EIA reports that the value of direct federal interventions and subsidies in energy markets doubled between 2007 and 2010, growing from $17.9 billion to $37.2 billion. Big energy companies don't need these government handouts.
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It is getting hard to remember a time when US presidents didn't tout "energy independence" -- meaning freedom from imported oil -- as an urgent and achievable American objective. But energy independence is a delusion.
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Global oil supply is severely disrupted by a crippling attack on a key Saudi oil processing facility. Crude oil prices spike to $160/barrel. Economic recovery efforts in the United States face severe setbacks as gas prices near $6/gallon and pressures to address the growing national debt continue to be heard from around the world.
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As the UN wrapped up its recent climate conference in Bonn, Germany, talks organizer Christiana Figueres proclaimed that climate change is the “the most important negotiation the world has ever faced.”
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One of Barack Obama's favorite fantasies is that Americans will soon abandon their SUVs and pick-ups in favor of battery operated cars.But, like so much of the hope-and-change agenda, the electric car idea isn't off to a very good start.
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There must be something in the water coolers on the other side of the aisle. Earlier this year, at an Oversight and Government Reform Committee hearing concerning reducing regulations, a Democrat colleague expressed his “concern” over reducing the regulation on business and stated boldly that increased regulation on businesses creates jobs in America.
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All told, over a billion acres of onshore and offshore energy prospects are locked up – costing us centuries of fuel, millions of jobs, and hundreds of billions in bonus, royalty and tax revenues.
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If our leaders are going to have an honest discussion about energy, it's important to clear up a few rumors, misconceptions and outright falsehoods being perpetrated about the oil and gas industry.
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